Back 54 Alexandra St
Off Market

54 Alexandra St

Hunters Hill NSW 2110

3
2
240 m²
284 m²
House
Tom Doran DoranTom Doran Doran, last sold this property on 07 August 2019 after 105 days on market.

Overview

Rare Restaurant & Residential Investment

Only a select few call Hunters Hill peninsula home, and fewer still can lay claim to owning a historic part of the Hunters Hill Village. The opportunity for both is now here, with iconic 54 Alexandra being offered for sale by public auction. Comprised of two buildings on one freehold title; the “The Granary” circa 1920, a timeless 2/3 bedroom residence with impressive old world features blended with New York loft style finishes and pitched ceilings; and at street front a busy light-filled contemporary Australian restaurant with extensive owned fit-out, home to local favourites for over 45 years including Chefs Hatted ‘Jaspers’ and most recently ‘Bistro 54’ curated by Steve Medak. A wonderful opportunity to occupy “The Granary” and benefit from the income from the secured restaurant lease to 2021 with options to 2031, or lease both for a comfortable net income of $139,705 + GST. Further value add opportunities include Airbnb rental upside or possible dual occupancy conversion of the residential (STCA) Get your foothold into this highly desirable harbourside suburb, with exceptional schools, ready public transport and ferries to the Sydney CBD, plus high disposable income, limited property supply, and a strong local community with Village charm. We welcome your inspection – come and join us at Hunters Hill. www.sitchu.com.au/sydney/lower-north-shore/hunters-hill/ Total Net Income: $139,705 pa + GST (fully leased) INSPECTION TIMES By appointment. Please contact agent if you wish to attend Co-Agent Rhys Donnellan 0418 486 709 ClearPoint Crows Nest NSW

Features

3 bedrooms
2 bathrooms
240 m² floor area
284 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Hunters Hill over the last 12 months, the estimated median property value of 54 Alexandra St is $3.15m.

Median value
$3.15m
Estimated value range
$2.38m - $5.01m
Median days on market
31
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Hunters Hill. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 54 Alexandra St

2024
Rented
Undisclosed
Leased on 11 Sep 2024 by Clearpoint
2023
Rented
Undisclosed
Leased on 09 May 2023 by Clearpoint
2019
Sold
Undisclosed
Private Sale/Treaty on 07 Aug 2019 by Tom Doran Doran, of Burgess Rawson Sydney

Happy sellers in Hunters Hill

72%
72% of sellers in Hunters Hill reported that their sale price either exceeded or met their price expectations.

Hunters Hill stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 24 reviews in Hunters Hill over the last 12 months.

Local market activity for 3 bedroom houses in Hunters Hill

In the last 12 months, 14 three-bedroom houses similar to 54 Alexandra St, have been sold.

This represents a 56% increase in three-bedroom houses sales when compared to the previous 12 months.

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